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Topic: Scam Report Against CryptoXchange $100k USD (Read 26304 times)

newbie
Activity: 51
Merit: 0
August 22, 2018, 10:19:33 PM
wow the Mt.gox btc thief, impressive!! Shocked
sr. member
Activity: 728
Merit: 350
Re-monetizing YouTubers via Crypto-commodities
newbie
Activity: 25
Merit: 16
December 06, 2017, 11:00:56 PM
A bit confused by this thread... Did anyone ever recover their coins? I had about 10 BTC there  Undecided
newbie
Activity: 18
Merit: 3
So most of the participants in this thread from June 07, 2012 onward took (WME | Alexander Vinnick | the MtGox mastermind)'s side against Cryptoxchange, demanding that they return his money. And when Cryptoxchange protested that they couldn't yet do so due to an ongoing investigation, the folks here reflexively decided in favor of someone who is shaping up to be one of the world's most notorious criminals ever.

And although all of that would make this story pathetic (at best), it's likely that some of the folks who defended the OP here were themselves the OP's victim in the half-billion dollar MtGox heist.

Surely some of these individuals owe Cryptoxchange a humble apology at least.
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
Stealing coins from gox and depositing them back onto gox wasn't the smartest of moves although it is quite funny that you used gox to launder their own hack, but ultimately it's what led to your downfall.

thats the best part Smiley
newbie
Activity: 38
Merit: 0
wtg.
sue those scammers! Angry

Eww. You actually believe something a random, anonymous user on the forum says and don't even stop to think for a second that they're using CryptoXChange in combination with dozens of stolen bank accounts to steal money and probably got caught doing so, and are now just hiding behind a cheap lawyer in hopes of getting some cash?

I'm gonna go type up my own letter from a random law firm saying that you stole money from me. Would you believe you did then?

Now u believe ??
copper member
Activity: 686
Merit: 603
Electricity is really just organized lightning
This is a scam report against CryptoXchange, who has stolen $100,000 USD+ from me and refuses to return it. He told me he had sent the money to me months ago, but that was a lie. To this day I have not received it. Worse yet, he refuses to refund me the BTC I paid to him and refuses to reply on his chats. I am treating this like a legal case and though it is not my responsibility I have taken on the burden of proof in this case against Crypto. I have detailed, highlighted and explained logs ranging from January this year to June of this year in which you will read about how he's scammed and run off with my money. I am asking for a commercial settlement with Crypto, but until then I will continue to make sure everyone knows of the scam he is capable of. His partner in crim currently is Mahin. I hope you all read my story and empathize with it. I would hate to see this happen to another member.ying that his "banking guys" would deal with this and that. Secondly: He kept asking for me to "trust him" that he had "reputation to keep". I should have seen the red flags...


mt gox thief crying that he got scammed, gotta love Bitcoin, you couldn't make a better story up than what's gone on in Bitcoins short life.
Stealing coins from gox and depositing them back onto gox wasn't the smartest of moves although it is quite funny that you used gox to launder their own hack, but ultimately it's what led to your downfall.

So this is the guy who got arrested earlier today ?

Sure is. Alexander Vinnik, one of the co founders of BTC-e, and the hacker of MtGox: http://blog.wizsec.jp/2017/07/breaking-open-mtgox-1.html

Going back to the first couple pages of this thread, and you will find the official BTC-e forum account backing him up Cheesy

You really couldn't make this shit up.
newbie
Activity: 6
Merit: 0
Years of golden hours of reading bitcoin has provided me, long may it be so
legendary
Activity: 3808
Merit: 1723
This is a scam report against CryptoXchange, who has stolen $100,000 USD+ from me and refuses to return it. He told me he had sent the money to me months ago, but that was a lie. To this day I have not received it. Worse yet, he refuses to refund me the BTC I paid to him and refuses to reply on his chats. I am treating this like a legal case and though it is not my responsibility I have taken on the burden of proof in this case against Crypto. I have detailed, highlighted and explained logs ranging from January this year to June of this year in which you will read about how he's scammed and run off with my money. I am asking for a commercial settlement with Crypto, but until then I will continue to make sure everyone knows of the scam he is capable of. His partner in crim currently is Mahin. I hope you all read my story and empathize with it. I would hate to see this happen to another member.ying that his "banking guys" would deal with this and that. Secondly: He kept asking for me to "trust him" that he had "reputation to keep". I should have seen the red flags...


mt gox thief crying that he got scammed, gotta love Bitcoin, you couldn't make a better story up than what's gone on in Bitcoins short life.
Stealing coins from gox and depositing them back onto gox wasn't the smartest of moves although it is quite funny that you used gox to launder their own hack, but ultimately it's what led to your downfall.

So this is the guy who got arrested earlier today ?
sr. member
Activity: 358
Merit: 250
This is a scam report against CryptoXchange, who has stolen $100,000 USD+ from me and refuses to return it. He told me he had sent the money to me months ago, but that was a lie. To this day I have not received it. Worse yet, he refuses to refund me the BTC I paid to him and refuses to reply on his chats. I am treating this like a legal case and though it is not my responsibility I have taken on the burden of proof in this case against Crypto. I have detailed, highlighted and explained logs ranging from January this year to June of this year in which you will read about how he's scammed and run off with my money. I am asking for a commercial settlement with Crypto, but until then I will continue to make sure everyone knows of the scam he is capable of. His partner in crim currently is Mahin. I hope you all read my story and empathize with it. I would hate to see this happen to another member.ying that his "banking guys" would deal with this and that. Secondly: He kept asking for me to "trust him" that he had "reputation to keep". I should have seen the red flags...


mt gox thief crying that he got scammed, gotta love Bitcoin, you couldn't make a better story up than what's gone on in Bitcoins short life.
Stealing coins from gox and depositing them back onto gox wasn't the smartest of moves although it is quite funny that you used gox to launder their own hack, but ultimately it's what led to your downfall.
full member
Activity: 127
Merit: 100
December 05, 2012, 07:24:00 PM
To get adequate service for a statutory demand, postal delivery isn't sufficient.

This is not true.  The ATO - for instance - serves all of their statutory demands by mail to the address on record with ASIC, as do many businesses which issue statutory demands on a regular basis.  This is one reason why not keeping your details current on the ASIC registers is potentially catastrophic.  

ATO and ASIC are able to. Your own lawyers aren't.

I've been down this road many times and I've had people have judgments overturned due to inadequate service. Fortunately, once their heads come up (by way of their lawyers) we serve the lawyers. Fixed.

full member
Activity: 157
Merit: 103
December 04, 2012, 02:19:03 AM
AML / CFT / KYC is very important in Australia, there is a lot more to this than is shown, we are doing what we legally have to do

Care to show what's not shown?
Have you received a court order or a police order telling you to seize this money or freeze this account?
Here's the thing with AML law: CryptoXchange legally can't tell someone that they're being investigated.
And why telling him that the money's on the way if it isn't? The same way he's refusing to send you notarized documents, it seems by the pictures you've avoided sending him wire receipts.
Because the money was on the way. It was the bank that flagged the transaction, after the wire request was submitted.

Why can't he provide receipts then. Some evidence to feast our eyes upon.
Because the wire never left the bank - it was only ever a request, and the bank denied it.

Image 16. If Crypto thought he was laundering why would he ask the OP to help him get cheap coins, why try to engage in a joint venture with the OP's business?
Because stolen coins are cheap and Ken apparently knows how to properly launder the coins so that he can make some nice, hot, cash.

How can you determine if coins are stolen?
hero member
Activity: 868
Merit: 1000
December 03, 2012, 01:31:06 AM
To get adequate service for a statutory demand, postal delivery isn't sufficient.

This is not true.  The ATO - for instance - serves all of their statutory demands by mail to the address on record with ASIC, as do many businesses which issue statutory demands on a regular basis.  This is one reason why not keeping your details current on the ASIC registers is potentially catastrophic.  It's also why it's a good idea to list your lawyer or accountant's office for service of notices because statutory demands are not issued through courts and many people ignore them assuming that they're just a letter of demand because they don't realise their significance.

Where issuing a statutory demand through a lawyer can be tricky is the requirement that the affidavit be sworn by someone who has personal knowledge of the circumstances of the debt -this is obviously somewhat more difficult if the lawyer cannot get the client into their office to swear the affidavit as any deficiency in the affidavit will make render the statutory demand invalid.

Caveats are messy and easily set aside unless you have a true "interest in land".  The onus is on the caveator to prove that such an interest exists and that the caveat is being used for a proper purpose.  Trying to obtain a caveat in relation to the personal property of a company director in regard to a company debt which has not been proven (as opposed to an interest held by a mortgagor, a spouse, a joint property owner, a property purchaser, etc) is asking for the caveat to be set aside with an award of costs against the person who sought it.
full member
Activity: 127
Merit: 100
December 03, 2012, 12:35:51 AM
To get adequate service for a statutory demand, postal delivery isn't sufficient.

For this, you need a process server to deliver the documents to a company director.

If you can't find them, it becomes very difficult to serve them.

It is possible to obtain a judgement in absentia/claiming you have had service, forcing the part(y/ies) to come forward to dispute this (and they will win) but that will present an opportunity to serve again as documents can then be served on their lawyers/them personally.

Caveats on any properties held in sole (or joint) titles is usually a prudent measure ...

hero member
Activity: 1078
Merit: 502
November 30, 2012, 04:20:30 PM
From what I read Crypto never denied owing him this sort of money.


Seems crazy...
hero member
Activity: 868
Merit: 1000
November 28, 2012, 03:42:43 PM
How do we not know this hasn't been done? Crypto did shut down... He may have been waiting to see if he had anything returned.. Most people would prefer keeping matters out of court.

Because the manner in which a statutory demand must be responded to is defined by law.  The statute requires it to be responded to in very specific ways within 21 days.  You can pay the debt or make an agreement to pay the debt.  You can put the company into voluntary administration/liquidation (this has not happened - notice of all liquidations/administrations is published on the ASIC website within a couple of days at most and often on the same day).  You can apply to the court to have the statutory demand set aside.  You can ignore the statutory demand and a legal presumption of insolvency will arise allowing a creditor to seek appointment of a liquidator.  

Those are literally the only options available to a company which has been served with a statutory demand and no lawyer would advise their client to "wait and see" for many months when the amount involved is over $100,000.  Nor would any lawyer advise a company to ignore a statutory demand (even solvent companies have been forcibly wound up in the past for ignoring statutory demands).

If WME's lawyers had issued a statutory demand which had not been complied with and were seeking to have the company wound up, they would make him aware of that.  Instead, he just keeps complaining about them not acknowledging receipt of his ID documents.  Statutory demands are used all the time here and for much smaller amounts than WME claims to be owed.  It should have been one of the first strategies his lawyers proposed - unless they knew damned well that the validity of the debt is questionable and that the statutory demand would be set aside by a court.  Also note that the purported letter of demand talks about the release of USD not BTC, so the usual "courts won't acknowledge BTC as a debt" bullshit can't be claimed in this case as a reason for not taking the further legal action they were threatening back in July.
hero member
Activity: 1078
Merit: 502
November 28, 2012, 03:04:44 PM
How do we not know this hasn't been done? Crypto did shut down... He may have been waiting to see if he had anything returned.. Most people would prefer keeping matters out of court.

 
hero member
Activity: 868
Merit: 1000
November 28, 2012, 03:02:29 PM
^ ? Why do they sound incompetent?

What else are they supposed to do for him other than send letters and call?  Did you see the copy of the letter they sent?

Lawyers are not supposed to go beat people down.

They're supposed to take the next step in the process and issue a statutory demand.  A company literally has to respond to a statutory demand within 21 days or it is legally presumed to be insolvent and can be forced into liquidation on the basis of not responding to the demand (they must respond in one of a few very specific ways which are restricted by statute).  For the amount WME claims to be owed, there's simply no way that a competent lawyer would not have issued a statutory demand by now if they believed they could prove that WME's debt is legitimate.  I've even given this information to WME so that he can discuss with why no statutory demand has been issued but I suspect that he already knows the answer.
hero member
Activity: 1078
Merit: 502
November 28, 2012, 10:39:23 AM
^ ? Why do they sound incompetent?


What else are they supposed to do for him other than send letters and call?  Did you see the copy of the letter they sent?


Lawyers are not supposed to go beat people down.
hero member
Activity: 868
Merit: 1000
November 28, 2012, 05:50:48 AM
All copy of my docs which crypto ask send already at summer not one time to all legall address's of crypto
No answer from crypto by mail by phone
They don't pick up phone
They run from law

I hope you've refused to pay your lawyers.  They sound beyond incompetent.
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